THE outstanding achievements in the local book publishing and printing industry will be recognised in an award jointly presented by the Urban Council and the Hongkong Trade Development Council. Nominations for this annual event - ''Awards for the Best Produced Books in Hongkong 1992'' - are now open until May 7. A spokesman for the Urban Services Department said books published and printed for the first time in Hongkong during 1992 and deposited under the books registration ordinance would be considered. Awards will be presented to the 10 best English and 10 best Chinese books chosen on the basis of the standard of production. A grand award will be given to one champion book among the award-winning books in each category.